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Mt.BFX
Jul 27, 2016 12:30 AM

LTC & BTC Multi-Idea  

Description

I'm not convinced that BTCUSD has finished shaking everyone out before it continues trend, it may not dip so low but I think it will dip below 540. Same goes for LTCUSD but 3.335 would be a hard stop for the litecoin.

With LTCUSD retaining its value and BTCUSD losing more value, LTCBTC pair will likely return to mean approximately the same price it was before BTCUSD rallied.

There is Bullish Divergence on LTCBTC and OBVs for all 3 correlate with predicted price action. BTCUSD and LTCUSD are still long term bullish, there's no indication as of yet that they aren't.
Comments
515k
Great work. I'm not sure about another shake out happening but I am confident that LTCBTC will indeed diverge soon.
veryevilone
lol
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